Business, 24.11.2021 14:00 kelseydavid69
Greg has been in the business of selling collectible figurines for twenty years. Margaret agreed to buy a set if Greg would also bring her a display case for them. Greg bought one and sold it to Margaret along with the figurines. While placing the figurines in the display case, she ran her hand over the back edge of one of its shelves and cut herself severely. The wood was not finished on that side and nails were protruding through the shelf. Can Margaret sue Greg under strict liability?
A) Yes, because the display case was in an unreasonably dangerous condition.
B) Yes, because the display case was defective.
C) No, because she was not a true consumer under Sec. 402A.
D) No, because Greg is not a seller under Sec. 402A.
Answers: 2
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For the year, uptowne furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. the depreciation expense was $56,100 and the tax rate was 34 percent. at the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. at the end of the year, retained earnings was $158,713 and common stock was $280,000. any tax losses can be used. what is the amount of the dividends paid for the year? a. $6,466 b. $7,566 c. $5,266 d. $6,898 e. $7,066
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Greg has been in the business of selling collectible figurines for twenty years. Margaret agreed to...
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